Oxnard-Thousand Oaks-Ventura, CA Metro Area: Unemployment Rate Trend
How Oxnard-Thousand Oaks-Ventura, CA Metro Area's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
6.6%
2023
5.5%
Total change
-1.1 pp
% change
-16.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.6% | — |
| 2019 | 5.1% | -1.5 pp (-22.7%) |
| 2020 | 5.1% | +0.0 pp (0%) |
| 2021 | 5.6% | +0.5 pp (9.8%) |
| 2022 | 5.3% | -0.3 pp (-5.4%) |
| 2023 | 5.5% | +0.2 pp (3.8%) |